Český Aeroholding to issue five year bond

Victoria
By Victoria March 16, 2012 16:47

Český Aeroholding to issue five year bond

Holding company Český Aeroholding – which manages Czech Airlines (ČSA) and Prague Ruzyně Airport – has announced plans to issue 500 million Kč ($26.7 million/20.4 million euros) worth of five-year bonds.
The funds will be used to reduce debts and finance a runway construction project.

The bond issue is part of a 10-year bond program worth 10 billion Kč that will replace the original bond program of the airport, which issued around 15 billion Kč worth of bonds over 10 years.

Victoria
By Victoria March 16, 2012 16:47
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